Credit unions

Credit Union Expands FOM in Southeast Massachusetts

Map of Massachusetts. (Source: Shutterstock) Taunton Federal Credit Union, Taunton, Mass. announced Tuesday that the NCUA has expanded its community charter to include two more counties in southeastern Massachusetts. Taunton FCU ($ 231.2 million in assets, 18,561 members) won the counties of Plymouth and Barnstable with the NCUA ruling. The …

Read More »

Letter: Thank a Lender Today

In April 2020, the federal government introduced the Paycheque Protection Program, a new $ 349 billion program to keep workers employed, keep businesses open, and help the economy recover as quickly as possible. . Within hours of the announcement, North Dakota lenders were filling my inbox with requests for additional …

Read More »

Are banks open on Memorial Day 2021?

With coronavirus cases falling and 1.8 million U.S. residents vaccinated every day, more Americans are planning this next Memorial Day weekend to rediscover old pleasures like friends, parties, trips and afternoons at a ball game. They will also encounter something new and less enjoyable: rising prices. Prices are expected to …

Read More »

Paycheck Advance apps: Reading the fine print

Paycheck advance apps allow users to borrow a small amount of their expected income, usually for a small fee, and repay it on their next payday. It sounds like a great deal if you need some extra cash between paychecks, and millions of users have accepted it. While it is …

Read More »

UKRAINIAN CREDIT UNIONS ASSETS GROW IN Q1

The assets of credit unions in January-March 2021 increased by 1%, to 2.355 billion UAH, according to a review of the non-bank financial sector published on Friday on the website of the National Bank of Ukraine (NBU).According to the review, the number of registered credit unions at the end of …

Read More »

Merger would create $ 3 billion California credit union

Two California credit unions plan to merge into a $ 3 billion asset institution. Valley Strong Credit Union in Bakersfield and Financial Center Credit Union in Stockton announced the deal on Friday; it should be completed this year. If regulators approve the deal, the combined entity will operate as Valley …

Read More »